Portfolio Manager Managed Assets

Wintrust


Job Location:

Irvine, CA - USA

Monthly Salary: $ 71000 - 92000
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

Wintrust Asset Finance is an equipment-focused financing group that offers sophisticated loan and lease products to commercial companies throughout the country in a wide range of industries including transportation construction manufacturing energy services aviation and turn-key property plant and equipment among others. Wintrust Asset Finance is an affiliate of Wintrust a financial services company with more than $66 billion in assets.

The position of Portfolio Manager will serve as a key support resource for the portfolio management team in the day to day activities of the portfolio. In this position you will coordinate and help process payoff requests invoice requests and other servicing inquiries from within WSF and our external partners. You will respond to partners email requests and provide timely follow-up to our partners to ensure accurate resolution of all servicing matters.

What Youll Do

  • Monitor the WSF Portfolio specifically focused on accounts that are past due and be required to oversee and/or supplement collection calls with sub-servicer (Orion First) and other WSF Master Servicers to manage all delinquencies for the division. Work directly with the SVP of Portfolio Management in order to determine priorities and approaches to the various collection challenges on an individual contract basis and with the individual Master Servicers.
  • Minimize bad debt that had been previously written off that still requires needed behind the scenes due diligence to ensure our policies and procedures are adhered to without exception. Responsible for creating/maintaining bi-weekly reports to departments officer(s).
  • Share responsibility for any accounts that may become part of a bankruptcy ensuring tight follow-up on past due files (bi-weekly reports co-hosting monthly scheduled and ad-hoc meetings) including yet not limited to New Debtor in Possession files Chapter 7 11 and 13. Assist with internal departments agency on file internal legal department assigned trustees and outside counsel. This includes the management of liquidations and receiverships.
  • Manage the reporting of affected portfolios in identified Natural disaster areas as they occur (Emergency orders by state parish or by postal code) Managing communications reporting Risk Rating and Loss Mitigation.
  • Prepare analyze and monitor various reports including but not limited to monthly risk rating and risk rating validations reports daily lease pool activity (particularly as it pertains to accounts being monitored by the sub-servicer Orion First and their collection Activities).

Qualifications

  • 5-7 years of experience in collections
  • Computer Skills - Excel Microsoft Suite
  • Bachelors degree Preferred

Benefits

Medical Insurance Dental Vision Life insurance Accidental death and dismemberment Short-term and long term Disability Insurance Parental Leave Employee Assistance Program (EAP) Traditional and Roth 401(k) with company match Flexible Spending Account (FSA) Employee Stock Purchase Plan at 5% discount Critical Illness Insurance Accident Insurance Transportation and Commuting Benefits Banking Benefits Pet Insurance

Compensation

The estimated salary range for this role is $71000 - $92000 along with eligibility to earn incentive. Actual salaries may vary based on several factors such as a candidates qualifications skills and experience.

#LI-REMOTE

From our first day in business Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation including community banking and financial services subsidiaries is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex age national origin disability veteran status genetic information and other legally protected categories.


Required Experience:

Manager

Wintrust Asset Finance is an equipment-focused financing group that offers sophisticated loan and lease products to commercial companies throughout the country in a wide range of industries including transportation construction manufacturing energy services aviation and turn-key property plant and e...

About Company

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Wintrust is a financial services company that provides exceptional customer service, while giving back to the things that matter most to our area.

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